2 ms·
(pricing) validation is a step-wise process, not a single binary outcome. you can validate initial unit economics pretty quickly, on the order of days/weeks dep
by clairity 7y ago
(pricing) validation is a step-wise process, not a single binary outcome. you can validate initial unit economics pretty quickly, on the order of days/weeks depending on the market dynamics.
you keep experimenting and validating as you grow. yc is basically premised on this being true.
- elliotbnvl 7y agoI'm glad you said this -- I think a lot of people are missing that that's what this foray was intended to do -- validate initial unit economics. I'm sure dialing in pricing / market will improve pricing a LOT, but it also seems logical that those improvements will be a multiple of the initial unit economics to some degree.